As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria prepares for its 295th meeting next week, two front line analysts, Bsmarck Rewane, chief executive of financial derivatives company and Razia Khan, managing director,…
Investors pushed stocks higher following another week of big earnings reports, including Disney's. Inflation also remained front and center ahead of key reports coming next week.
McDonald's is reportedly mulling a $5 meal deal in an effort to lure back inflation-plagued customers as sales at fast food restaurants dip due to consumers eating more meals at home.
U.S. inflation data for April on Wednesday are likely to be the highlight of the week. Data from the eurozone, U.K., Sweden and Norway will also attract attention.
When President Joe Biden took office in January 2021, the U.S. annual rate of inflation was 1.4% -- far from the 9% inflation Biden falsely said in a May 8 interview that he inherited. Inflation rose quickly in Biden's first year, but it…
Rates on U.S. government debt finished at their highest levels in a week after Friday’s consumer-sentiment data from the University of Michigan showed inflation expectations have risen.
NEW ORLEANS >> Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a key survey showed a jump in consumers’ inflation expectations.
Since 2020 when the Coronavirus came upon the world, the global supply chain has been disrupted thus elevating inflation. However, with the Russia-Ukraine war and the Israel-Hamas conflict, the inflationary …
Zimbabwe has been experiencing hyperinflation and economic instability, resulting in the locals searching for alternative payment methods. They want more stable ways of storing and transferring value, as the country’s fiat currency has…
The U.S. dollar exhibited an upward trend on Thursday, waiting for the U.S. inflation data to be released. It showed a recovery from its previous low, with the Dollar Index rising by 0.2%. Currency experts’ anticipation of soon-to-be…
A new report shows Americans' buying power for household necessities like groceries and toiletries has been eroded by nearly one-third since 2019, putting pressure on consumers.